The world is still catching up so it can be real tough to classify those deals for track record purposes or financing. 

I'm not sure exactly how you'd classify the area, but at least a C+ if not B.As for other areas, anywhere in Harker Heights is interesting, though you don't want to overspend there just because it's Harker Heights.

Huge health industry and a great place to invest.I would classify San Diego as purple and not very liberal.  

These are classified as home improvements and not general maintenance"Painting will prolong it's life, otherwise it will rot down.

In a trip to the midwest I made very recently, one turnkey provider I met with actually showed me homes they classified as A, B & C, which actually seemed an honest assessment (they avoid D).  

LLC’s are classified as either member-managed (managed by all members) or manager-managed (managed by designated managers).Although similar to a Corporation for state law purposes, a LLC is taxed as a partnership for federal income tax purposes unless it elects otherwise.

I would classify the K-N streets as B areas (they were C areas after the financial crisis, in my opinion they've returned to B areas recently).

At least to the IRS it will matter.Now, as to how to classify these properties, that's a more complicated question, and I would talk to a good CPA or real estate attorney to get a better idea of how the IRS would likely classify these properties before you decide on how to do the accounting.Long story short though:  If they are classified as rentals, the renovation should be classified as Fixed Asset, as the cost will go to the balance sheet, towards your property basis. 

Hi Ian, I would classify what you're looking for as "desktop underwriting".  

Not sure that I didn't just ask the same question in a different way but basically I would like to hire a GC as a part time project manger.Keep in mind that he'll likely be classified as an employee based on IRS definitions, which means you'll potentially also be on the hook for employment taxes, workers comp, etc.